RIMOUSKI, QUEBEC -- (Marketwire) -- 12/12/12 -- Puma Exploration (TSX VENTURE: PUM) announces the results of the two (2) deep holes drilled at Henry East Lens confirming the high grade silver and gold content of the mineralized lens at depth with the intercept of 376 g/t Ag, 1.4 g/t Au, 1.8% Pb and 3.1% Zn over 3.0 meters within a thicker zone of 280 g/t Ag, 1.03 g/t Au, 1.4 % Pb and 2.3% Zn over 4.0 meters in hole FH12-12.
The holes, for a total of 710 meters drilled, targeted the Henry East lens at about 200 meters vertical and were designed to conduct borehole geophysical surveys aiming to identify thicker and/or more conductive zones of the lens. Both holes succeeded to confirm the continuity of the mineralization at depth and the sulphide content of the EM-1 geophysical anomaly.
Highlights include:
- Drill intersection of 376 g/t Ag, 1.4 g/t Au, 1.8% Pb and 3.1% Zn over 3.0 meters within a thicker zone of 280 g/t Ag, 1.03 g/t Au, 1.4 % Pb and 2.3% Zn over 4.0 meters in hole FH12-12.
- Drill intersection of 405 g/t Ag and 0.32 g/t Au over 2.1 meters in hole FH12-13;
- Persistant mineralization at depth with the intercept of semi-massive to massive sulphide lens varying from 3-9 meters at about 200 meters deep in both holes;
- Confirmation that the 1.2 kilometers long EM-1 geophysical anomaly is caused by sulphide mineralization;
"We are very pleased with the results of the deep holes at Henry East Lens. Both holes confirmed the continuity of the mineralization at depth. It also proves that the 1.2 kilometers long EM-1 geophysical anomaly is caused by sulphide mineralization. With the borehole geophysical survey underway, we will be able to drill test thicker and/or more conductive zones of the Henry East lens" Note Marcel Robillard, President of Puma Exploration.
Table 1. Puma's holes drilled at the Henry East Lens
-------------------------------------------------------------------------------------------------------------------------------------------------------- Azimuth Dip From To Length Ag Au Pb ZnSection Hole (degrees) (degrees) (m) (m) (m)(g/t)(g/t) (%) (%)--------------------------------------------------------------------------------------------------------------------------------------------------------SL26 FH12-12 N160 45 47.6 47.9 0.3 151 0.48 5.5 4.1 193.3 193.7 0.4 197 2.07 6.5 5.5 227.5 228.7 1.2 111 0.66 2.7 1.8 254.5 258.5 4.0 280 1.03 1.4 2.3 incl. 254.5 257.5 3.0 376 1.40 1.8 3.1 285.1 286.2 1.1 39 0.54 0.9 0.4 317.9 318.3 0.4 193 0.30 7.2 4.5----------------------------------------------------------------------------SL26 FH12-04(i) N162 45 11.5 20.6 9.1 92 1.06 0.8 0.7 incl. 11.5 13.5 2.0 189 0.62 1.1 0.6----------------------------------------------------------------------------SL26 FH12-10(i) N160 55 27.9 34.2 6.3 121 1.17 0.8 1.0 incl. 31.2 34.2 3.0 187 2.30 1.5 1.5--------------------------------------------------------------------------------------------------------------------------------------------------------SL28 FH12-13 N160 45 113.4 115.5 2.1 405 0.32 0.6 0.7 253.9 256.3 2.4 44 0.36 0.4 0.4 283.9 284.4 0.5 34 0.27 0.7 0.5 376.6 376.9 0.3 34 0.01 1.5 0.9----------------------------------------------------------------------------SL28 FH12-02(i) N160 45 56.5 58.3 1.8 42 0.73 1.9 0.1 incl. 58.0 58.3 0.3 147 3.07 2.1 2.5----------------------------------------------------------------------------SL28 FH12-06(i) N160 45 12.2 19.2 7.0 55 0.53 1.0 0.8 incl. 12.2 13.3 1.1 194 1.62 4.1 3.0--------------------------------------------------------------------------------------------------------------------------------------------------------
